Anti-corruption officials are calling for Peru’s three most recent ex-presidents to testify in connection with alleged bribes paid by Brazilian construction conglomerate Odebrecht for inflated contracts that authorities say cost the Andean country $283 million.

Comptroller Edgar Alarcon said at a news conference Wednesday that Odebrecht was involved in 23 public works projects since 1998 worth at least $16.9 billion. Of those, 16 have been audited and authorities detected potential irregularities, including unjustified cost overruns and forgiveness of penalties for contractual breaches that cost around $283 million.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]